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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: LPS5 who wrote (8259)5/5/2000 12:35:00 PM
From: Chris Steele  Read Replies (1) | Respond to of 18137
 
It is at 500 now...but 500 is better than 100. As for the stocks...it depends...and changes daily it seems, and some stocks will be at 200 instead of 500. One broker i had this with was preferred Trade... a trader could send 500 shares at the current offer/bid and be filled instantly (90% of the time), there were no timelimits, etc. It was like the good old SOES days :-) NITE was accepting the order flow. NITE dropped PT back to 100 share auto-ex's, and then PT got HRZG involved....and HRZG is useless. I am still receiving "some" auto-ex's for 500 shares with my good old OLB....but PT is useless. SuperSoes will be interesting to see if it really executes... a particular senario comes to mind: A hot stock is moving (news/CNBC/etc).....if I placed a limit 1/8 or so over the offer, will the SuperSOES REALLY keep me inorder and execute in a full time priority? It will be interesting.

cas